course description: Introduction to oil, gas, and mineral resources economics and world energy outlook, Investment decision making, compound interest, time value of money, rate of return, inflation, escalation, before-tax cash flow, depreciation depletion and amortization (DD&A), after-tax analysis for project evaluation, uncertainty and risk analysis, resource depletion schemes, development options for exploration and production business Pre-Req: Senior Standing in Petroleum Engineering or Mining Science & Engineering, or permission of instructor